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Light tax

16th May 1981, Page 7
16th May 1981
Page 7
Page 7, 16th May 1981 — Light tax
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E 74,000 goods vehicles un3.5 tonnes gvw are expected irovide nearly four times as ch tax during the current rncial year as the costs attried to them, while those over t weight 495,000 of them just about cover their costs. peaking in the Commons, nsport Secretary Norman /ler said that the lighter icles were expected to pro) £1 Om in vehicle excise duty £20m in fuel tax. Costs iId be am giving a revenue )sts ratio of 3.7 to 1.